$ZEC /USDT BEARISH PRESSURE INTENSIFIES – BULLS STRUGGLE TO HOLD ABOVE $410!
ZEC has recently declined from the high of 449.80 to 411.90, indicating strong selling pressure after an overextended rally. The price is currently testing key support around 410–408. If this level fails to hold, further downside toward 400 or even 393 is likely. Weak momentum and bearish candles suggest sellers remain in control unless price reclaims 420 with strong volume.
Trade Setup:
Short Entry: 412.00
Take Profit (TP): 400.00 / 394.00
Stop Loss (SL): 423.00
Market Outlook:
Market sentiment is turning mildly bearish in the short term. A sustained move below 408 could accelerate selling, while a recovery above 420 may shift momentum back to buyers. Traders should stay cautious and follow price action closely.